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Chocolate Finds Its D2C Sweet Spot1 views

In June 2026, Manam Chocolate raised a $9 Mn Series A round. This marked a notable move in India’s consumer startup ecosystem: investors seemingly interested in the unconventional category of chocolates. To understand why the segment has suddenly caught investors’ attention, we tried to take a look at how India’s chocolate market has changed over the past decade.  A decade ago, chocolate wasn’t so

Meha Agarwal · 7 Jul 2026